5710 SW 56 TER, South Miami, FL 33143

5710 SW 56 TER, South Miami, FL 33143 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1957 with 2,764 square feet of living space on a 9,740 square foot lot. The property is currently owned by RICHARD N ARBOLEDA ASTRIDA ARBOLEDA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2014-02-28 for $475,000, when MANUEL DIAZ &W BARBARA sold to RICHARD N ARBOLEDA. The property has appreciated $305,000 (179%) since the prior sale of $170,000 on 1998-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $616,919 with a market value of $939,412. This breaks down to $584,400 for the land and $355,012 for the building. The assessed value increased 7% from $576,365 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $35,481, and the median home value is $466,900. The population density is 6,973 people per square mile.

5710 SW 56 TER, South Miami, FL 33143 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1980 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 130% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $172 per square foot — a key metric for comparing value across South Miami's real estate market..